Former Taoiseach Bertie Ahern has denied at the Mahon Tribunal that he ever had a foreign bank account.
Mr Ahern was being asked about a number of sterling lodgements to building society and bank accounts in the 1990s.
Des O'Neill SC for the tribunal pointed out that Mr Ahern had not notified the tribunal about a number of sterling lodgements.
Mr O'Neill asked Mr Ahern if it was possible that he had forgotten about a foreign bank account in the same way as he had forgotten about a number of sterling lodgements that were discovered by the tribunal.
Mr Ahern said it was not possible.
He said he never had a bank account outside the Republic of Ireland and that most of his lodgements came from savings.
Earlier, Mr Ahern told the tribunal how he changed thousands of pounds into sterling cash in a hotel belonging to a Manchester businessman.
Mr Ahern said he was considering buying a house in Salford Quay in Manchester and made around six purchases of sterling from businessman, the late Tim Kilroe, over a three-year period.
Mr Ahern said he did this to show he was interested in buying the property and that changing £2,000 or £3,000 with Mr Kilroe at a time was no big deal.
He would ring ahead and meet Mr Kilroe, probably in his hotel the Four Seasons.
Mr Ahern said he was thinking of buying the Manchester property for around £80,000 when his separation was finalised.
But he decided against it because he felt he needed a house at home.
Mr Ahern said the sterling savings which he kept in his safe in Dublin amounted to up to £18,000.
He said most of this came from his paychecks and only a proportion was from horse racing - contrary to what was reported in the media.
Mr O'Neill asked why Mr Ahern had two trains of savings, one in sterling and another in punts.
He pointed out that Mr Ahern had savings of £54,000 by 1993 and he could easily have bought over enough for a deposit on the Manchester property in a suitcase.
Mr Ahern said the Irish money was intended for his daughters, his separation legal fees and a house in Dublin.
Mr Ahern said he had forgotten about lodging the sterling savings into the Irish Permanent when he decided not to go ahead with the Manchester deal.
He thought he had kept it as a float for trips to England.
He said he could not explain why he lodged the sterling 'piecemeal' on four separate occasions in 1994.
But Mr Ahern said he did this all the time with his money when he moved back into the banking system.
